Basic Information
EarlySalary is one of India’s leading consumer lending apps focused on young, aspirational and tech-savvy Indian consumers. It is a financial ecosystem that enables the mid-income group to upgrade their lifestyle. It has launched a host of financial products short-term Instant Cash Loans, long-term Personal Loans, Buy Now Pay Later plans, and the SalaryCard. It offers a 100% digital loan application process that takes just seconds to complete. The company has already disbursed nearly 2.4 million loans worth Rs. 5,400 crores.
The company uses new-age technologies like AI/ML and automation to process loans in just minutes. It creates a user’s Social Worth Score to approve and process loans. Social Worth Score combines credit bureau reports & social media details of the user and helps the company in decision-making. Users can get instant fund transfers to their bank account and can use it as per their requirement. The app is available for android and ios for both platforms.
Funding
Investors
:
1.
Chiratae Ventures
2.
GenNext Ventures
3.
Eight Roads Ventures
4.
Piramal Capital
See More
Round 1
Round 2
Round 3
Round 4
Round 5
Round 6
$1.12M
Series Name
:
SEED
Date
:
25th Nov 2015
Investors
:
1.
Ashok Agarwal
FinTech
FinTech
Recently Added Startups
Recently Added Startups
Features
FinTech